Hightower has announced a strategic investment in Smith Anglin, a financial planning and wealth management practice based in Dallas, Texas. With approximately $2 billion in assets under management, Smith Anglin has a rich history dating back to 1967 and specialises in retirement and tax preparation services for the aviation industry.
Key Points
- Hightower’s investment aims to accelerate Smith Anglin’s growth in the competitive wealth management space.
- Smith Anglin has demonstrated impressive organic growth and tailored service offerings for the airline industry.
- Hightower now has a network of 140 advisory businesses across 35 states and the District of Columbia.
- The partnership enhances Smith Anglin’s access to Hightower’s resources, including technology and value-added services.
- As of mid-2024, Hightower manages assets totalling approximately $156 billion.
Why should I read this?
If you’re interested in the financial services landscape, this article sheds light on strategic moves by Hightower that can reshape the industry. Their investment in Smith Anglin isn’t just business as usual; it’s a big step towards enhancing services in a niche market. Plus, who wouldn’t want to stay ahead of the curve in wealth management trends? We’ve done the homework for you, so dive in and get the scoop!
